Established Walnut Creek Cocktail Lounge with High Visibility Location

Established Walnut Creek Cocktail Lounge with High Visibility Location, Type 48 Liquor License

RRC# 4926
Location: Walnut Creek

Description:
This long-standing dive bar is a neighborhood favorite, known for its laid-back vibe, affordable drinks, and a loyal crowd of regulars. It's a no-frills spot where people come to unwind, enjoy good music, and hang out with friends. The bar has a spacious setup with a classic bar area, a small dance floor, and a DJ booth for lively events and themed nights. Seating options include bar stools and cozy lounge chairs, perfect for groups or solo visitors. Regulars love the friendly bartenders, the fun atmosphere, and the great tunes, making this place a go-to spot for a casual night out. This is a great opportunity for someone looking to take over a well-loved local watering hole with plenty of personality and potential. The current ownership has moved out of the area and is currently being operated 100% absentee. The bar is being sold as a value opportunity, leaving plenty of room for a new owner to step in, take an active role, and bring much-needed pride of ownership to the business. With hands-on management, there is significant potential to increase revenue, improve operations, and reestablish this local favorite as a thriving neighborhood hotspot.

Financial Information:
Monthly Revenue: $52,199
Monthly Cash Flow: Contact for Info
Annual Revenue: $626,392
Annual Cash Flow: Contact for Info

General Info:
Ownership: LLC
Established: 2004
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $4,635 (all in)
Expiration: Negotiable

Facilities:
Square Feet: 2,000 +/- (unconfirmed)
Seating: 90
Parking: Parking Lot
Licenses: ABC Type 48, Business and Health Permit
Days/Hours of Operation: 5PM - 12AM Daily